Stansted

Area Guide For Stansted

Stansted is a town and country area in the Tonbridge and Malling locale of the region of Kent in the United Kingdom (Do not mistake it to be London Stansted Airport, which is in Essex).

It is placed at close by the M20 motorway. The Morris dance experts of Stansted were one of the most punctual gatherings to structure from the recovery of the movement, in 1934. The name Stansted signifies "stony spot".

In January 2007 the town was utilized as a semi-anecdotal area in the recording of a scene of EastEnders show in the United Kingdom over the Easter 2007 occasion season. Additional scenes were recorded at Wormshill and Ringlestone as apparently the same town area, despite they are exactly 20 miles from Stansted.

 
 

Stansted Map

Estimated Price: £360,907
Average Asking Price: £543,841
Price change in last one year: £26,317
Average Price Paid: £307,562
Average Rent Rates: £1,780

 
 

Property Prices Breakdown in Stansted

Average Price for property in Stansted is around £360,907 which varies based on type of property you are interested in and ranges from £507,655 for detached house to around £357,822 for semi-detached. Similarly terraced house is around £263,462 and a flat is worth £206,928. Values have been changing and have risen £1,032 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,191 in last 6 months, £26,317 in last 1 year, £41,195 in last 2 years, £54,340 in last 3 years, £46,116 in last 4 years and £50,741 in last 5 years.

Currently average asking price of a property in Stansted is around £543,841 based on approximately 154 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £1,780 per month.

Estimated property value in Stansted is £360,907. Average asking price is £543,841 while average price paid is £336,545 which is up by £26,317 and Avg. asking rent £1,780.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Stansted area. In last 1 year alone average price buyer paid is around £336,545 based on approximately 154 sales in Stansted area alone. If you compare it to last 3 years sales of 534 properties where buyers paid around £319,712. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £307,562 for 885 and average amount paid for purchase of approx. 1,173 properties sold in last 7 years comes to about £301,701 per sale.

 
 

Properties For Sale in Stansted

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £248,749, £352,000 for a 3 bedroom house, £918,749 for a 4 bedroom house and £550,000 for a 5 bedroom house. For a flat similarly the prices varies from £215,995 for a 2 bedroom to £320,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Stansted it comes to around average £242,198 for 2 bedroom property, £346,667 for 3 bedroom, £918,749 for 4 bedroom and £550,000 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £823 for 1 bedroom to £451 for 4 bedroom and £1,794 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £923. You should be generally be expecting around average £799 rent per month for single bedroom property, £923 for 2 bedroom, £451 for 4 bedroom and approximately £1,794 for 5 bedroom property in Stansted area.

Popular Houses in Stansted

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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